Gypsum industry news
Israel Chemicals to sell gypsum business 26 May 2015
Israel: Israel Chemicals (ICL) is selling its gypsum, pharmaceutical and cosmetics (PCG) business to One Rock Capital Partners for an estimated US$50m.
The sale of the PCG business units is part of ICL's 'Next Step Forward' strategy to divest its non-core businesses to focus on its core businesses in the agriculture, food and engineered materials markets. Israel Chemicals Performance Products' gypsum business is mostly in the UK and focuses on dental applications.
ACG Materials announces new CEO 26 May 2015
US: Oklahoma-based ACG Materials has appointed Paul Harrington as its new CEO. ACG Materials is a national provider of minerals, aggregates and related downstream products including gypsum, limestone, sand, gravel and anhydrite.
Paul Harrington joined ACG Materials in July 2014 as president and COO. Prior to July 2014, Harrington was executive vice president at Rain for Rent. Before that, he spent 24 years working for Holcim.